Some Advise Adding Metals to Portfolio

"As inflation fears grow, some advisers are steering their clients into precious or industrial metals as a way to add luster to portfolios," according to this piece from the Associated Press in the Seattle Post-Intelligencer. The article reports that "Barclays Global Investors, ...is planning to launch a new exchange-traded fund tracking silver called iShares Silver Trust, a cousin to two gold ETF funds already trading, and cites a Morningstar report from earlier this year that "listed American Century Global Gold and Vanguard Precious Metals and Mining among its favorite precious-metals funds." A related article by Dune Lawrence, Bloomberg News, published at the Washington Post, profiles the Ivy Asset Strategy Fund which turned "into the top performer in its category this year by loading up on mining companies."

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(May '04-Jun '05)